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Lowe’s ready to paint this spring
An inventory build at Lowe’s in preparation for the launch of a new HGTV Home brand of paint was cited as the source of strong sales growth by paint supplier Sherwin Williams.
Spring is a popular time for painting and home improvement retailers typically promote the category extensively. Lowe’s looks to be ready for the season with a new brand launching called HGTV Home by Sherwin Williams.
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Smart & Final underwrites offering of 10 million shares
Commerce, Calif. - Smart & Final Stores Inc. is pricing an underwritten public offering of 10 million shares of its common stock at $18.50 per share. The shares are owned by certain stockholders of the company, including affiliates of Ares Management L.P.
